Q.E.P. Says February Sales Record Setting

Boco Raton, FL. March 3, 2006--Q.E.P. Co., Inc., announced that it ended the 2006 fiscal year with the best month of sales in the company's history. For the month of February, sales increased over 20 percent, compared to the same month last year, to approximately $21 million. The company will report fiscal 2006 fourth-quarter and full-year financial results in the second half of April. Lewis Gould, Q.E.P.'s chairman and chief executive officer, stated: "We are very pleased to end the year on such a high note. Fiscal 2007 appears to be off to a good start as our rate of incoming orders and our backlog continues to be strong. I look forward to discussing our financial results in more detail during the fourth-quarter and full-year investor conference call."